Amisys Synertech to Support Assurant Health's HSA Products; Web-Related Products and Outsourcing Services Implemented in 90 Days for November Product Launch.
ROCKVILLE, Md. -- Assurant Health, which provides individual and small group health insurance coverage, has selected Amisys Synertech Inc. to help launch administrative and service enhancements to its health savings account A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit. (HSA HSA Health Savings Account (US)
HSA Human Serum Albumin
HSA Human Services Agency (Nevada)
HSA Health Services Agency
HSA Health and Safety Authority (Ireland) ) product feature. Amisys Synertech is the market leader of advanced software products and world-class outsourcing and claims processing services for healthcare payers.
Part of Assurant, which offers specialized insurance products and related services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and selected other markets, Assurant Health offers high-deductible health plans in conjunction with HSAs, which allow employees to save for their out-of-pocket health expenses on a pretax pre·tax
Existing before tax deductions: pretax income.
pretax adj [profit] → vor (Abzug der) Steuern basis and select how to invest the funds.
Amisys Synertech's solution provides a comprehensive, seamless product support network for Assurant Health. Amisys Synertech will:
--Deliver the primary Web link for Assurant Health members - a consumer-directed funds management solution integrated with Web-based, consumer decision-support tools from ChoiceLinx Corporation and Subimo, LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control .
--Serve as the enrollment conduit between Assurant Health and the HSA administrator, United Missouri Bank.
--Process HSA reimbursement Reimbursement
Payment made to someone for out-of-pocket expenses has incurred. requests and provide customer service to customers and brokers.
"We chose Amisys Synertech because it was one of the few companies that could combine proven technology, back-office efficiency and hands-on experience launching and growing consumer-directed programs," said Michael Kellen, Assurant Health senior vice president-development, group markets. "Their combination of products and experience in the consumer-directed market means that we can quickly deliver an improved HSA product to our customers."
"We're pleased that Assurant Health is relying on us to support its consumer-directed initiatives," said Craig R. Combs, senior vice president, sales and business development for Amisys Synertech Inc. "Assurant joins the list of consumer-directed innovators and leaders that have relied on us to help them quickly launch their new products and have them ready to accommodate growth."
Amisys Synertech currently processes claims for more than 210,000 consumer-directed lives each month. The company implemented one health plan's consumer-directed product in less than six months, and within the product's first year, membership has topped 80,000.
Amisys Synertech offers a Consumer-Directed Suite, which includes the following components:
--CDHP High-Deductible Processing Solution, combining medical and spending account processing
--CDH Funds Management Solution, which incorporates debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. processing for flexible spending accounts flexible spending account,
n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are (FSAs) and health reimbursement arrangements (HRAs) in addition to HSAs
--CDH Web Solution, an attractive, front-end Web application that can be branded to any health plan's look and feel. It includes online decision-support tools.
About Amisys Synertech, Inc.
Amisys Synertech Inc. (www.asihealth.com) advances health plan business through its industry-leading products and services. The company delivers comprehensive, mission-critical information management software products and Web capabilities that meet the needs of nearly every healthcare payer model. Amisys Synertech also provides leading business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and application hosting for health plans, supporting a multimillion-member base through its claims processing and consumer-directed services. Amisys Synertech has offices in Rockville, Md., Harrisburg, Pa., Dubuque, Iowa Dubuque is a city in the U.S. State of Iowa, located along the Mississippi River. Its population was estimated at 57,696 in 2006, making it the eighth-largest city in the state. and Alpharetta, Ga.